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Transphorm, Inc. (NASDAQ: TGAN), a leader in gallium nitride (GaN) power conversion products, will host a conference call on May 24, 2022, at 5:00 p.m. ET to discuss its fiscal 2022 financial results. The fiscal year ended on March 31, 2022. Investors can join the call by dialing 1-888-330-2446 or through the webcast available on the company's website. A replay will be accessible for 90 days following the event. Transphorm is recognized for its significant GaN IP portfolio and innovative semiconductor devices that surpass silicon capabilities.
Transphorm, a leader in GaN power conversion, will participate in two investor conferences this month. The Oppenheimer 7th Annual Emerging Virtual Growth Conference will take place virtually on May 10, 2022, while the B. Riley Institutional Investor Conference is scheduled for in-person on May 25, 2022, in Beverly Hills, CA. Company leadership will hold one-on-one meetings with investors. Transphorm specializes in high-performance GaN semiconductors, boasting a portfolio of over 1,000 patents and a commitment to advancing power electronics efficiency.
Transphorm, Inc. (NASDAQ: TGAN) and Boco Electronics have launched a new 3.6 kW power supply, featuring Transphorm's SuperGaN technology, achieving peak efficiency above 96%. This device is tailored for high-demand applications such as crypto mining and data centers. The product offers enhanced performance, including lower power consumption by 36 Watts compared to traditional configurations. Development took only six months, highlighting the ease of integrating Transphorm's GaN technology. With increasing energy costs affecting mining operations, this power supply addresses reliability and efficiency needs.
Transphorm, Inc. (NASDAQ: TGAN) announced the launch of its new PFH500F product line, which includes the 12V and 48V power supply modules. These modules offer a 38% power density increase and 6% efficiency increase compared to previous silicon-based models. Using GaN devices, the new power supplies reduce board size by 13%, making them suitable for various industrial applications, including 5G communication and digital signage. The modules will be showcased at APEC 2022 in Houston, Texas.
Transphorm, Inc. (TGAN) announced its participation as a Silver Partner at APEC 2022, showcasing a wide array of GaN power conversion products across various industries. The event will run from March 20-24, where Transphorm will display its complete product portfolio, including 650 V and 900 V devices. The company emphasizes its vertical integration model, which allows control over device design and production. Notable speakers from Transphorm will present on key innovations during the event, aimed at advancing the adoption of GaN technology.
Transphorm, Inc. (NASDAQ: TGAN) announced a major breakthrough in GaN technology with its new 1200-volt GaN device, showcasing over 99% efficiency, targeted for electric vehicles and renewable energy systems. This device aims to compete with Silicon Carbide (SiC) solutions and supports a power range from 45W to over 10K+ kW. Funding from the ARPA-E CIRCUITS program has facilitated this development. A presentation will detail device performance at the ISPSD conference in May 2023. The 1200V GaN FETs are anticipated to be available for sampling later this year.
Transphorm, Inc. (OTCQX: TGAN) announces its common stock uplisting to the Nasdaq Capital Market, effective February 22, 2022. This transition enhances visibility and liquidity for shareholders.
The company reported a significant 220% year-over-year revenue increase, reaching a record of $3.6 million, driven by strong demand for its gallium nitride (GaN) power conversion products. Transphorm's patented GaN technology positions it as a leader in the power semiconductor industry, with a commitment to sustainability, projecting a 50,000 metric ton reduction in carbon emissions in 2022 alone.
Transphorm, Inc. (OTCQX: TGAN) reported a record product revenue of $3.6 million for Q3 fiscal 2022, marking a 220% year-over-year growth. This is the company's eighth consecutive quarter of product revenue increase. Total revenue for the quarter was $4.6 million, impacted by a prior quarter's $8 million licensing revenue. Operating expenses slightly rose to $5.4 million, leading to a GAAP net loss of ($4.2) million, or ($0.08) per share. Cash reserves reached $41 million, bolstered by a $12.9 million financing. Transphorm anticipates an uplisting to NASDAQ soon.
Transphorm, Inc. (OTC-PINK: TGAN) will announce its third quarter fiscal 2022 financial results for the period ending December 31, 2021, on February 9, 2022, after market close. A conference call will follow at 2:00 PM PT to provide updates on the company's progress in target markets. Transphorm specializes in high-performance GaN power conversion products with a robust patent portfolio. The company highlights efficiency gains, improved power density, and reduced system costs in its technology offerings.
Transphorm, Inc. (OTC-PINK:TGAN) achieved a milestone by shipping over one million SuperGaN® Gen IV FETs in December 2021, reflecting a more than 3x increase in the second half of CY2021 compared to the first half. This growth underscores Transphorm's market expansion and capacity to manufacture high-performance GaN devices. The SuperGaN products, known for their superior efficiency and reliability, cater to power adapter and fast charger applications. Additionally, recent capital raises exceeding $45 million position the company for further growth in 2022.